chitrasen parida


Dear Expert,

A foreign professional person is providing prof. services to our company. so how to deduct tds on payment to him & the procedure in issue of TDS certificates .

pls. answer it.

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Anonymous
18 November 2012 at 16:41

Capital gain query

Sir, this year I purchased an Agricultural land (Situated within 8 KM of Muncipal area) on 23rd August, 2012 in Rs. 10000000 (One Crore) paid by cheque. I purchased the land by taking loan from my husband’s firm.

Now I want to sell my other agricultural land (Situated within 8 KM of Muncipal area) which was acquired in the year 1968. But I am going to sell the land via plotting (i.e. Residential purpose) in 2012 to save my capital gain. I will approximately get a bit more than 1 crore.

I have purchased the land before selling a land.

Will I get exemption from capital gain tax in this financial year? Where can I find books & documents relating that?

Details-

Purchase New land (August 2012) – Rs. 10000000 (One Crore)

Sales of 1968 Land via plotting 2012 (after November, 2012) – Rs. 13000000 (One Crore thirty lac) approximately

Difference = 3000000 (Thirty Lac)

I think that I have to pay the capital gain if the difference amount is more than the indexed cost of land (1968) + investment on that land (1968).

Please help & Advice.

Thanking you

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CA Sunil Kumar Jain
17 November 2012 at 13:14

Adjournment

how many time we can take adjournment????
is there any limit ????

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Anonymous
16 November 2012 at 11:01

Form 26as

Dear Sir,
I registered my PAN for e filing, but when I clicked on view form 26AS, a message appeared that I am temoprarily registered and select one option -
1. Self assessment tax deposit.
2. tds deducted
3. register digital signature.

Above conditions are not applicable on me
and I dont want to obtain digital signature only to view form 26AS.
Please advise me what is the solution of my problem.

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CMA ANAND

PLEASE GIVE OPINION FOR THE FOLLOWING:
WHO WILL ISSUE TDS CERTIFICATE "FORM 16" TO EMPLOYEE FOR FY-2012-13?
A) IF GROSS INCOME FROM SALARY IS MORE THAN RS 1,80,000/-
B)IF GROSS INCOME FROM SALARY IS MORE THAN RS.2,00,000/-
C) IF NET TAXABLE INCOME FROM SALARY IS MORE THAN RS 2,00,000/-

PLEASE COMMENTS AS EARLY AS POSSIBLE

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Souvik Kumar Ghosh
14 November 2012 at 10:27

Direct tax

Dear CCI Members,

At the outset let me convey my best wishes to all of you on this auspicious occasion of Diwali.

I would like ur advice on whether to follow VK Singhania or Vinod Gupta Module for CA Final? I am looking for intricate discussions on the Direct Taxation of CA Final.



Regards

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MALAY DAS
13 November 2012 at 13:27

Form 26as in new efilling portal

dear sir
after pan registration of a new assessee in new efilling portal for view form 26as
ask choise option, when I choise "deducted
tds/tcs" option again ask me tan no and select financial year but a deductor deducted tds various section and their tan
no differnt, so that how I give one TAN no of the deductor to view form 26as? is TAN no compulssory to view 26AS ? any way to
skip this step and easy to view form26AS? advice me its important thanks...

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ANKIT GOR
12 November 2012 at 12:12

How to get e receipt from new it portal

Respected Sir/ Madam,
Very Happy Deepavali To All memnbers
I have One Query in regard E- Receipt of Incometax Return Filled Foe AY-2012-13.

In earlier Portal Manu Is Available for E Receipt but From Two Days New Portal Of Income tax Is available but in it There Is no service available for E- Receipt Dowenload
So what can i do for this and additionally I want to Reset My Friends Password He was filled Last Return With help of other Professional So What I can do for this I have already sent mail At validate@incometaxindia.com Since Two days but still there is no response

Please Help Me in Both Query

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Sanjay Jain
09 November 2012 at 11:24

Gift from relative

Whether gift taken from from sister's son is covered under gift from relatives

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CA hiren vora

hi

Can unregistered partnership firm converted in to pvt ltd company ??

If Yes than what is requirement for conversation of partner ship firm in to Pvt Ltd co.

any stamp duty payment required for conversation ??

Any contract or deed required for conversation ??

if yes than mail me a draft deed at hirenvora21@gmail.com

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